Mumbai, July 7 -- Indian bond market is witnessing tight moves on Monday as market eyed a drop in crude oil prices. Market is also cautious ahead of a July 9 deadline for US trade deal. The10-year benchmark 6.33% 2035 bond yield quotes marginally lower at 6.28% right now. The US 10-year yield is holding around one week high of 4.33% though, edging up following a firm undertone in the nonfarm payrolls data. Overall liquidity position is steady. Banking system liquidity hit a net surplus of Rs 3.74 lakh crore, the highest since June 2022, latest RBI data showed.

Published by HT Digital Content Services with permission from Capital Market....